Summary
- According to Alternative, the virtual asset Fear & Greed Index recorded 20 points, indicating that the extreme fear situation continues.
- It was reported that major virtual assets like Bitcoin and Ethereum rose slightly compared to the previous day.
- The Fear & Greed Index is calculated based on various indicators such as volatility, trading volume, and social media.
According to the virtual asset data provider Alternative on the 5th, the virtual asset Fear & Greed Index rose by 5 points from the previous day to record 20 points.
As of 9:28 a.m. on this day, Bitcoin is trading at $86,967 on CoinMarketCap, up 0.80% from the previous day.
At the same time, Ethereum (ETH) rose by 0.95%, and XRP and Binance Coin (BNB) also increased by 2.80% and 1.08%, respectively. Additionally, Solana (+0.43%), ADA (+9.76%), and TRON (+4.81%) also showed strength.
The Fear & Greed Index is an indicator that expresses market sentiment, with a score closer to 0 indicating extreme fear and a score closer to 100 indicating extreme greed. This index is calculated based on volatility (25%), trading volume (25%), social media (15%), surveys (15%), Bitcoin market cap dominance (10%), and Google search trends (10%).
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
